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GULF OIL PRODUCERS DISCOUNTS
Middle East oil price war heralds post-conflict glut: BoussoThe Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...- Middle East crude oil premiums tumble to pre-war levels amid ample supplyMiddle Eastern crude exports have increased in September and October, leading to declining spot premiums. Dubai's cash premium to swaps fel...
- Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
- Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
- Oil Price Today (November 5): Crude oil falls below $94 after 9% plunge on Wednesday after midterm results. More downside ahead?Crude oil price : Crude oil prices have dropped significantly following the Democratic victory in the recent US midterm elections. This pol...
- Oil falls for a fourth day on expectations for lower risk of Iran war escalationOil prices have been falling for several days, influenced by the outcomes of Congressional elections this week. The results may signal a le...
- US Iran war: UAE plans third crude oil pipeline to avoid Strait of HormuzThe United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeli...
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
- Renewable energy key to India's energy security, German envoy Jasper Wieck saysGermany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambass...
- India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...
- Hinduja's Gulf Oil scouts acquisitions in Asia, South America ahead of global listingHinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...
- OPEC+ set to keep December oil output targets unchanged, focus shifts to 2027 quotasOPEC+ oil-producing countries have agreed to keep December production targets unchanged in a recent meeting. This decision is intended to p...
- Piyush Goyal says Assam's fragrant gold gets global gateway! Centre approves Guwahati airport as export point for agarwood; all about the 'scent of fortune'Assam's agarwood industry has received an export boost after the Centre approved Guwahati airport as an export point for agarwood chips and...
- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...
- Adnoc tells clients new Hormuz bypass pipe to start early 2027Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the st...
- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- India turns back to Gulf oil as Russian crude loses its price edgeIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...
- Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...
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